Government borrows in the form of promissory note to repay the bearer after some fixed days from the date of issue. How is called such borrowing ?

Related Mcqs:

Term the body of goods and monies from which future income can be derived ?

A. Net assets B. Solid asset C. Holdings D. Capital...

What is sales tax_____________?

A. Levied on the retail price of merchandise and collected by retailer B. Tax deducted at source C. Tax on local produce D. Tax on gross sale...

Where ‘Nikkei Stock average’ applies ?

A. Mainly to Korean equities B. Mainly to international equities C. Mainly to Japanese equities D. Mainly to US equities...

Which of the following must always balance ?

A. The balance of visible trade B. The balance of invisible trade C. The balance on the current account D. The balance of payments...

From each according to his ability to each according to his need is the theoretical slogan of ?

A. Feudal System B. Capitalist System C. Fascist System D. Communist System...